The Neets, a generation in need
AMSTERDAM | Fleur de Weerd | Although Spain is always mentioned as the country with the greatest unemployment, the situation in Italy and Bulgaria is more worrying.
World economy
The euro area’s economic crisis takes its toll on the labour market
BARCELONA | CaixaBank | The adjustment in employment during the crisis has been more intense in those countries with a real estate bubble. Leading indicators point to further job losses.
Visible signs of improvement in China
China’s GDP grows by 7.4% in the third quarter, in line with the consensus, CaixaBank says. Exports push forward with a solid 9.9% year-on-year last month.
Austerity without support is killing the euro
German pro-austerity forces, allied with their Spanish collaborators, are managing the crisis with a strong hand, but in exactly the wrong direction.
Extremists and the Fiscal Cliff
The extremists of the Tea Party have ruined the Republican Party and threaten now with bringing to a halt the Congress and the government. Economic indicators are already signalling danger.
The US fear Europe’s austericide
As anger and despair over austerity spread in Europe, more US analysts are expressing their solidarity towards protesters and skepticism towards policy makers. A turning point was IMF’s shift, saying that tax hikes and spending cuts causing far more economic damage than experts had assumed.
The downward trend continues in the EU
Economic weakness will remain in the second half of the year, CaixaBank analysts say. Consumer confidence fell again in the third quarter of the year. The IMF also lowered its growth forecasts.
Wake up, lazy François! You are in time, says Barclays
France has been advised by international institutions like the IMF and euro partners like Germany to do its homework before it’s too late. The answer that has come from the Elysée Palace, unfortunately, isn’t auspicious.
In Gold we trust
The biggest economy is playing with fire should Washington lawmakers fail to agree on a reasonable plan to redress its burgeoning deficit.
Hispandering: Latino seduction didn’t work for Mitt Romney
In a changing demographics America, Hispandering–trying to reach out Latinos by showing up with Hispanic stars in the campaign, dropping a few words in Spanish in the middle of the speeches–has become a must. The Republicans did not get it.